Vector FY14 Net Profit NZ$171.3M, Down 16.9% on Year

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand-based lines network and gas distributor Vector Ltd. (VCT.NZ) Friday reported a sharply lower net profit as price resets to regulated energy networks weigh on revenue. In the year to June 30, revenue fell ...

Canada Annual Inflation Rate Slows in July

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

July Inflation Report =-----------------------------------------=--=--=--=--=--== Key Numbers July June ! Consensus: ! Core Inflation y/y +1.7% +1.8% !Core: +1.9% y/y! Core Inflation m/m -0.1% -0.1% !Headline: +2.2%! All-items CPI y/y +2.1% +2.4% ! ! All-items CPI m/m -0.2% +0.1% !Actual: ! ...

European Stocks Pause After Rally

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tommy Stubbington European stocks paused from their recent rally Friday with investors awaiting speeches from major central bankers. The Stoxx Europe 600 was down less than 0.1% in early trade. Equities had climbed in Europe on Thursday, despite the ...

CURRENCIES: Dollar Falls Short Of Yen104 Ahead Of Jackson Hole

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tatsuo Ito The dollar fell short of breaking through the Yen104 mark on Friday amid growing expectations that U.S. Federal Reserve Chair Janet Yellen will not go beyond what she has previously said about interest rates in her speech ...

Canada Retail Sales Up Faster Than Expected to Record Level

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Nirmala Menon OTTAWA--Canadian retail sales grew almost four times faster than expected in June to a record level as the early rounds of the FIFA World cup spurred sales of wine and beer, and consumers also boosted spending on ...

Oil Futures Rangebound, WTI Hovers Around $94/bbl

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Eric Yep Crude-oil futures moved in a narrow price range in Asian trade Friday as some market participants think oil may be oversold. On the New York Mercantile Exchange light, sweet crude futures for delivery in October traded at ...

Asian Shares Inch Up, All Eyes on Jackson Hole

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

Asia stocks edged higher Friday, with a rally in U.S. stocks setting a positive tone, as investors looked to the forum of global central banker in Jackson Hole, Wyoming. Key among the speeches in Jackson Hole on Friday will be ...

uropean Stocks Pause After Rally -- Update

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tommy Stubbington European stocks paused from their recent rally Friday with investors awaiting speeches from major central bankers. The Stoxx Europe 600 was down 0.2% midmorning. Equities had climbed in Europe on Thursday, despite the latest installment in a ...

Vodafone to Buy 72.7% of Hellas Online, Takes Stake to 91.2%

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Razak Musah Baba LONDON--Vodafone Group PLC's (VOD.LN) Greece unit has agreed to acquire 72.7% of the share capital of Hellas Online SA (HOL) for 72.7 million euros ($97 million) in cash, the mobile telecommunications giant said Friday. Vodafone Greece ...

European Stocks Pause After Rally

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

European stocks paused from their recent rally Friday with investors awaiting speeches from major central bankers. The Stoxx Europe 600 was down less than 0.1% in early trade. Equities had climbed in Europe on Thursday, despite the latest installment in ...

European Stocks Flat Ahead of Euro Zone Economic Data

TODAY: Aug. 22, 2014 PUB DATE: Aug. 21, 2014

By Tommy Stubbington European stocks were little changed in early trade Thursday as investors weighed some mixed economic data against a rise on Wall Street. The Stoxx Europe 600 index was flat after French business activity data showed a deeper-than-expected ...

EUROPE MARKETS: European Stocks Shrug Off Mixed PMIs

TODAY: Aug. 22, 2014 PUB DATE: Aug. 21, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- Europe's stock markets showed broad-based gains on Thursday as investors largely ignored a mixed bag of purchasing managers indexes from the region and instead used recent market weakness as a buying opportunity. "Markets ...

Australian Dollar Down After China Data Surprise

TODAY: Aug. 22, 2014 PUB DATE: Aug. 21, 2014

By James Glynn SYDNEY--The Australian dollar fell Thursday after China manufacturing data showed unexpected weakness adding to concerns about its economic strength. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to 50.3 in August compared with a final reading ...

Crop Tour Forecasts Illinois Corn 15% Higher Than 2013 Harvest

TODAY: Aug. 22, 2014 PUB DATE: Aug. 21, 2014

By Jesse Newman CORALVILLE, Iowa.--Illinois's corn crop is forecast to vastly outperform last year's harvest, according to an average of survey results collected in the state by scouts on an annual tour through the Midwest. In Illinois, corn yields were ...